Country: Thailand Page 1 / 12
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- March 19 2025
Malaysia’s flood losses up 23.5% to US$207.5m in 2024: report
Losses, which equate to about 0.05% of the country’s nominal GDP, were mostly from home, while commercial losses were nearly flat year-on-year
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- March 17 2025
Aon names Nick Brown as Thailand director, head of natural resources
Brown, who was most recently director of natural resources for Asia, has spent seven years at the broker based in Jakarta, Singapore and Malaysia.
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- March 4 2025
Thailand’s Allianz Ayudhya targets 12% premium growth amid product expansion
The carrier will focus on health, SME and home products, while also growing Allianz Commercial's property, engineering, transportation, and liability offerings for large businesses and corporates.
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- March 3 2025
Chubb to buy Liberty Mutual’s P&C arms in Thailand, Vietnam
Two Liberty insurance businesses produced approximately US$275m in net premiums written in 2024.
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- March 3 2025
Thailand’s non-life 2023 underwriting profit at US$380m after US$1.5bn loss in 2022: AM Best
Rebound attributed to a rise in premium income and a decline in claims incurred, the rating agency said in its country report.
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- January 26 2025
Ergo Thailand appoints AIG’s Isorasak Thesratanavong as CEO
He succeeds Till Boehmer, who will take over the newly created position as deputy CEO within Ergo Thailand.
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- January 21 2025
Peeravut Sukho returns to MSIG Thailand as senior vice president for business development
Bangkok-based Sukho will lead the carrier's business development team for broker and bancassurance partners, direct, affinity and digital distribution channels.
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- January 16 2025
Itochu to acquire 20% stake in Thai general insurer
Thaivivat Insurance to carry out a US$29m private placement to the Japanese trading house for the minority stake sale.
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- January 13 2025
Property and motor to drive growth for Thai Re in 2025: Fitch
Fitch Ratings affirms the reinsurer's rating at 'A-' (strong) with a stable outlook primarily driven by its strong capitalisation, favourable company profile and expectation of stable performance in 2025.
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- January 6 2025
Coface names Supanwongse Weeraworawit as Thailand country manager
Bangkok-based Weeraworawit will report to the trade credit insurer’s Asia Pacific CEO Hugh Burke.
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- December 20 2024
Roojai reignites DirectAsia Thailand acquisition
The deal for the Hiscox unit, which has been revived after being pulled in August, will strengthen the Asian carrier's Thai motor portfolio.
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- December 5 2024
Malaysia’s floods trigger surge in home and commercial property claims
The event has also led to significant agricultural and infrastructure losses estimated at US$224m and affected hundreds of thousands of households.
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- October 14 2024
Charles Taylor expands into Thailand through associateship with GATS
The partnership with the Bangkok-based company will allow the loss adjuster to provide a full range of adjusting and claims management services in the country.
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- October 9 2024
Crawford Thailand promotes Sompong Suriwong to country manager & director
The promotion came as current country manager Patipan Soodarram steps up into his new role of chairman of the loss adjuster.
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- September 12 2024
Thai insurers brace for losses as Yagi remnants raise flood risk
Thailand’s meteorological department said more heavy rain is expected until September 18 with the risk of flash floods, as a northern monsoon trough is moving down and a southern one is gaining strength.
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- September 10 2024
Allianz Ayudhya General Insurance poised for robust premium growth: AM Best
AM Best has assigned a financial strength rating of “A-“ (excellent) and a “stable” outlook on Thailand's ninth-largest general insurer, citing support from Allianz Group.
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- September 2 2024
Roojai Group appoints Nicolas Fauvarque as group chief financial officer
For his new role, Fauvarque. who joins from the carrier P&V Group, has relocated to Thailand from Belgium.
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- August 26 2024
Tune Protect Thailand appoints MSIG’s Sasivimol Choladda as CEO
Bangkok-based Choladda will report to the recently appointed company group CEO How Kim Lian.
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- August 14 2024
Sompo Thailand promotes Aditya Tibrewala to CEO
Singapore-based Tibrewala was most recently chief consumer officer overseeing operational and technical functions across Sompo APAC.
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- August 8 2024
Hiscox terminates sale of DirectAsia to Ignite Thailand
The deal was pulled due to failure in meeting customary conditions and regulatory approvals, however, the Lloyd's player said it is "exploring other options" for the Asian retail business.